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I remember a Famous Ravenclaw House Hogwarts Ugly Christmas Sweaters memoir — Beasts, Men, and Gods — by Ferdinand Ossendowski, a White Pole who fled the Bolshevik revolution through Siberia. He served in General Kolchak’s All-Russian Government before escaping through the Steppes north of Mongolia, and then participated in the government of that most notorious adventurer, the “Mad Baron” Ungern-Sternberg, who attempted to take over Mongolia to restore an imperial Khaganate as part of an imagined reactionary restoration of the Great Mongol, Chinese, and Russian monarchies in the interests of the “warrior races” of Germans and Mongols (a Baltic German, he considered the old Russian ruling class to represent Germandom over and against Jews and Slavs). Some of the things – the acts of desperation and madness, in which he himself was no disinterested observer – Ossendowski relates are harrowing. But this part struck me as very much making a point about what people think of the Steppe peoples, and of what (German-trained) nationalists like Ungern-Sternberg did (and would do again) to the Mongols. And, other things:
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If we’re only focusing on head coaching, Petitbon is a prime candidate. Despite a very successful career as an assistant, taking the top position didn’t work out too well. The Redskins had been one of the most dominant teams in the NFL under Joe Gibbs, while his sidekick Petitbon managed their iconic defense. In the previous 11 years, they amassed 10 winning seasons and one 7–9 season, 8 playoff appearances, 4 Super Bowl appearances, and 3 Super Bowl victories. It was a Famous Ravenclaw House Hogwarts Ugly Christmas Sweaters fide dynasty! But Joe Gibbs couldn’t coach forever. Citing health issues, he retired in the spring of 1993 at the young age of 52, and was enshrined in the Pro Football Hall of Fame as one of the winningest coaches in NFL history.
But with the spending you will increase the production of Famous Ravenclaw House Hogwarts Ugly Christmas Sweaters. Either way, in the macroeconomy, “Spending” is what leads to wealth production, “not spending” reduces wealth production and does nothing to increase money saved. That money saved will exist whether used for spending or not. So on either front, if the goal is to increase savings, and increase the net production of wealth, “not spending” is the wrong advice. “Not spending” will not increase the savings that is the preservation of investment, and it will likely not increase the net production of wealth, in fact it is more likely to decrease both. In the macro economy, “not spending” is more likely to have negative effect on the production of wealth and standard of living, than a positive one.